The U.S. now has the ability to not only take away your passport but also to refuse to issue you a new one if you owe the IRS over $50,000. They are following in the footsteps of other Western countries like Australia. People who believe hide-and-seek is the way to go when it comes to their tax plan will soon be finding out that it’s going to be harder and harder to do. The reality is, the government will find you, eventually, and as more information sharing plans get put into place, it will be nearly impossible to get away with being shady. Also, don’t miss it! Andrew has a big announcement to make towards the end.

Key Takeaways:

Andrew’s Editorial:

[3:45] This year’s theme is commitment. What does that look like for Andrew?

[7:55] If we want to be successful with our plans, we have to be committed.

[8:55] Andrew thinks it’s time to settle down. His priorities are changing.

[10:35] The U.S. now has the ability to take your passport and refuse to issue you a new one if you have a tax debt of over $50,000 to the IRS.

[11:10] This means the IRS will be needing to talk to the Secretary of State.

[12:40] Not paying tax and the mentality of ‘they can’t get me’ is going to catch up to certain people.